PRESS RELEASE - African Risk Capacity and the African Development Bank partner to strengthen African countries struggling with climate disasters
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ABIDJAN, Côte d’Ivoire / JOHANNESBURG, South Africa / HAMILTON, Bermuda, 7 March 2017
The African Risk Capacity (ARC) has added a crucial partner to its portfolio by formally teaming up with the African Development Bank (AfDB) to strengthen mechanisms to manage weather-related risk on the continent.
ARTICLE - African Risk Capacity: Insurance is vital, but no magic bullet to fight drought in Africa
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Photo: REUTERS/Mike Hutchings[/caption]
Written by Alex Whiting for Thomson Reuters Foundation, republished on Zilient, PreventionWeb, and
![Photo: REUTERS/Mike Hutchings](http://www.africanriskcapacity.org/wp-content/uploads/2017/03/RTX25TB8.jpg)
The African Risk Capacity Insurance Company Limited (ARC Ltd) appoints former IFC Director Dolika Banda as CEO
She will take the reins from Dr Simon Young, who was appointed CEO in 2014 after playing a leading role in the development of the ARC programme.
JOHANNESBURG, South Africa, July 11, 2016/APO/ --The African Risk Capacity Insurance Company Limited (ARC Ltd) (http://ltd.ARC.int) has announced the appointment of former IFC Director Ms Dolika Banda as Chief Executive Officer, effective from 7 September 2016.
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